With the sanction of the Navi Mumbai Airport which was awaiting a green signal for quite some time; the Navi Mumbai property prices have started shooting up. Many cities in Navi Mumbai are observing a change in the realty prices, which have gone high following the Navi Mumbai Airport Sanction. People who have invested in properties sometime back in Navi Mumbai are thanking themselves for the great decision they had taken. But for them, who had sold their Navi Mumbai Properties before the decision of the Navi Mumbai Airport got sanctioned are repenting on their decision. Navi Mumbai Properties are about to set a high standard for itself. Cities like Kharghar, CBD Belapur, Vashi, Panvel, Nerul and Airoli will shoot up the Navi Mumbai property prices more than anyone had expected.The Navi Mumbai Mega Property Exhibition that was to commence from 3rd December 2010 was about to showcase around 100 upcoming properties all around Navi Mumbai. The Not only the potential for the properties in and around Navi Mumbai have increased tremendously, but the upcoming properties too have come with booming rates like Rs. 4500 per square feet in city like Kharghar, where earlier the property price was not more than Rs.1600 per square feet. Same is the case with Vashi, where the property rates are currently Rs.9000/- per square feet other than the earlier Rs.3000/- square feet. Now buying properties at Navi Mumbai has gone beyond the reach of common man.

Factors contributing for investment in Navi Mumbai Properties

Navi Mumbai Properties are offering so much options and variety when it comes to satisfying the demands of the property buyers, which in turn facilitates investing in Navi Mumbai Properties. These varieties includes the budget option, the area option, house variety like row houses, sky scrapers, high end apartments, complexes with swimming pools and malls etc. The offices and industrial area in and around Navi Mumbai too has an important role to play in this current scenario. Companies like Siemens, Reliance, L&T, Hindalco and various other industries related to Logistics, IT sector are facilitating the increasing demand. Apart from these companies, the location of Navi Mumbai also plays a major role. Being accessible from everywhere, like from Pune, Raigad and Mumbai, it helps in the increasing demand. There are many education institutions in Navi Mumbai which promises to satisfy the educational demands of the children, becoming one of the major factors why people would prefer investing in Navi Mumbai Properties. Additionally one can see variety of shopping malls, multiplexes, restaurants, hospitals and other shopping hubs in Navi Mumbai. With so many factors to support the decision of investing in Navi Mumbai Properties, one can definitely give it a go. Last but not the least, is one of the major factor which has boosted the Navi Mumbai Property Prices, and that is the Upcoming Navi Mumbai International Airport.